{"id":80651,"date":"2022-02-07T09:14:05","date_gmt":"2022-02-07T14:14:05","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=80651"},"modified":"2022-02-07T08:54:45","modified_gmt":"2022-02-07T13:54:45","slug":"fed-influence-shaky-forecasts-delayed-decisions-how-the-biden-administration-misread-the-inflation-threat","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2022\/fed-influence-shaky-forecasts-delayed-decisions-how-the-biden-administration-misread-the-inflation-threat.html","title":{"rendered":"Fed influence, shaky forecasts, delayed decisions: How the Biden administration misread the inflation threat"},"content":{"rendered":"\n<p>(CNBC) When President Joe Biden nominated former Fed Chair Janet Yellen to run the Treasury Department, his rationale was simple: \u201cNo one is better prepared to deal with this crisis.\u201d<\/p>\n\n\n\n<p>The crisis to which he referred was a \u201cK-shaped\u201d economic recovery that had exacerbated inequality in the wake of a once-in-a-generation pandemic. The administration had a simple plan, and Yellen would help carry it out. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/02\/04\/how-the-biden-administration-misread-the-inflation-threat.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) When President Joe Biden nominated former Fed Chair Janet Yellen to run the Treasury Department, his rationale was simple: \u201cNo one is better prepared to deal with this crisis.\u201d The crisis to which he referred was a \u201cK-shaped\u201d economic [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-80651","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=80651"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80651\/revisions"}],"predecessor-version":[{"id":80652,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80651\/revisions\/80652"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=80651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=80651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=80651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}